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Andesa Moves Into Individual Product Administration

By Staff Writer

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NU Online News Service, Aug. 16, 2004, 5:42 p.m. EDT

Andesa Services Inc., Lehigh Valley, Pa., will be selling processing services through the Web to issuers of individual life and annuity products.[@@]

Andesa, which already sells Web-based processing services to insurance companies in the corporate-owned life insurance market, says it will charge fixed prices for administering individual life and annuity contracts and for setting up Web-based life and annuity product administration systems.